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The Senate has uncovered how N14.7bn proceed of defunct Power Holding Company of Nigeria (PHCN) was hidden in Commercial Banks by the  Bureau of Public Enterprise (BPE). The probe is carried out by Senator Matthew Urhoghide, Peoples Democratic Party, PDP, Edo South led Senate Committee on  Public Accounts. The Committee is relying on the report…

Matthew urhoghideSenate committeePeoples democratic partyBureau trial balanceCentral bankBureau of public enterprisePower holding company of nigeriaPower holding companyCommercial banksPublic enterpriseSenator matthew urhoghideEdo southSingle accountTrial balanceCommercial bank accountsPrivatization proceeds